MTH 8.16% 9.0¢ mithril resources limited

Ann: Share Purchase Plan Investor Update Presentation, page-2

  1. 315 Posts.
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    Looks pretty good to me especially given a $1.7 market cap.

    Potential at Stark, best targets not drilled;

    Spargos Reward - farmed out, MTH not spending money:
    * Corona will purchase a initial 50% interest for A$100,000 cash, payable on completion (September 2015)
    • Corona will sole fund A$150,000 in exploration by 11 May 2016 for a further 15% interest (total of 65%)
    • Corona may elect to sole fund positive scoping study on a JORC Mineral Resource for a further 20% interest (total of 85%)
 
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